Texas Wind Projects Die Down With End Of Tax Credit

Law360, Dallas (December 18, 2013, 8:46 PM EST) -- Once rapidly growing, Texas wind production development slowed in 2013 as low energy prices and the elimination of a federal tax credit made financing hard to come by, even as the state weighs infrastructure improvements to add more wind to its grid.

The looming expiration of the federal production tax credit for wind energy prompted many Texas developers to break ground on long-pending projects this year, kick-starting construction in order to qualify for what could be the last year of the tax break. But developers face...
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